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    48 Columbia St Poughkeepsie, NY 12601

    For Sale
    $950,000

    Turnkey 5-unit mixed-use building with parking near Vassar Brothers.

    Lot size:
    0.21 Acres

    Property Features for 48 Columbia St

    General Information

    Standard status
    Active
    Lot size
    0.21 Acres

    Building Details

    Year built
    1900

    Source: SERHANT LLC Agent JAKE GARAY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity Near Vassar

    This well-maintained 5-unit mixed-use building is located in Poughkeepsie’s Campus Development (CD) District, one block from Vassar Brothers Medical Center. The property features three 1-bedroom apartments, one 2-bedroom apartment, and one commercial space. The sale includes a separately deeded 0.11-acre parking lot on Franklin Street. The property is located near Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America. This investment opportunity delivers an 8.7% cap rate and offers strong in-place income with room for future upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.934136
    Latitude
    41.6964074

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey 5-unit mixed-use building with parking near Vassar Brothers.
    Where is this mixed-use property located?
    The property is located at 48 Columbia St Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Prime location: one block from Vassar Brothers Medical Center; - 8.7% Cap Rate in Poughkeepsie's Campus Development District; - Turnkey, well-maintained 5-unit mixed-use building
    (646) 480-7665
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    48 Columbia St Poughkeepsie, NY 12601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48 Columbia St Poughkeepsie, NY 12601
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